Fancy colour diamond prices remain stable in Q1 2017

Fancy Color Diamond Index for the first quarter of 2017 indicates pricing stability across most fancy colour diamond categories.

The main exception was blue fancy colour diamonds, which saw a 1.9% price increase in the first three months of 2017, continuing the trend of 2016. During the same time, yellow and pink fancy colour diamond prices remained largely unchanged. Overall, the Fancy Color Diamond Index for all shapes and sizes was up 0.2% for the time period.

The strongest performing price categories during Q1 2017 were fancy intense and fancy vivid blue diamonds across all carat sizes.

Story continues below

Advertisement

On a year-on-year basis, when compared to Q1 2016, the Fancy Color Diamond Index is up 0.7% with blue fancy and pink fancy up 5.7% and 0.8%, respectively, and yellow fancy down 2.5%. As in Q4 2016, across all colour segments fancy intense and fancy vivid demonstrated robust price increases, which were offset to some extent by price declines of color diamonds in the “Fancy” category.

FCRF Advisory Board chairman Eden Rachminov comments: “Highly coveted fancy intense and vivid blues are challenging to find in the market, while interest and demand for these categories continue to grow. This trend is likely to continue well into 2017 as owners react to supply shortages with price hikes.”

The Fancy Color Diamond Index is published by the non-profit Fancy Color Research Foundation (FCRF), and tracks pricing data for yellow, pink and blue fancy color diamonds in three key global trading centers – Hong Kong, New York and Tel Aviv.